Bitcoin Cash betting is a payment system which already used by many sportsbook companies. The cryptocurrency of the same name with the informal designation BCH, which appeared on August 1, 2017, as a fork of Bitcoin. Like its “big brother,” the cryptocurrency Bitcoin Cash is both a payment system and a means of payment. The BCH coin is actively traded on cryptocurrency exchanges and become a leading cryptocurrency payment method for online betting sites Unlike the network of the first cryptocurrency, the block size of Bitcoin Cash is 32 MB. This partially solves the scalability problem, making the cryptocurrency a worthy alternative to Bitcoin.
Bitcoin Cash sports betting sites support the use of this cryptocurrency by allowing players to deposit BCH, convert them to regular currency, make bets, and then withdraw their funds in the form of Bitcoin Cash wallet.
The best bitcoin cash betting sites
How the ranking was made – the rating of bookmakers that accept bets in bitcoin cash was compiled on the basis of a number of criteria. Full information is in our special material. Briefly, there are several main indicators:
sanctions against players;
deposits and payments.
This includes the following sub-items: payout periods, limits, maximum reduction, balance forfeiture, bonuses, increased time for accepting live bets, margin rate, account balance lock, winnings forfeiture, sources of replenishment and so on.
There are several benefits that come with playing Bitcoin Cash online. These advantages make playing with BCH more preferable than traditional payment methods.
Low commissions / No commissions: are you tired of the additional expenses that arise from using traditional payment methods? Then it would be helpful if you switch to alternative banking methods right away. Usually, most BCH betting sites will not charge you an extra fee for transacting with this payment method. Even if a fee is linked to Bitcoin Cash in a betting platform it would be lower than traditional fees.
Instant deposits with Bitcoin Cash betting: Another advantage that is obtained from gambling with this type of payment method is the speed of its transactions. In a couple of minutes, your Bitcoin Cash deposit will appear in your sports betting account.
Fast BCH Transactions: Just like deposits, withdrawals with Bitcoin Cash are fast and easy too. After the bookie processes your withdrawal request, it won’t take long for your winnings to be deposited into your BCH wallet.
Greater anonymity and security: Taxes / No fees Bitcoin Cash is the most successful branch of Bitcoin, so it can be expected to have the high level of anonymity and security known with Bitcoin. Your BCH transactions are directly between you and your betting site, but most importantly your name doesn’t even appear on your transactions. Keep your wallet passwords and keys safe, and you won’t have to worry about any security breaches.
Disadvantages of Bitcoin cash betting
Some knowledges: If the bettor does not have digital assets, it will require some knowledge how to buy them and where;
Controversial situations: In the event of a dispute, it is impossible to prove your case without prior identification;
Selection limits: not all crypto bookmakers use Bitcoin cash, it is necessary to clarify this point before starting to play.
Bonuses and promotions of sports betting with Bitcoin cash
Playing with Bitcoin Cash may qualify you for some specific bonuses and promotions which supporting the betting site. All you have to do is deposit using BCH, and you can claim these bonuses.
Type of bonuses with Bitcoin cash
Welcome, on the first deposit;
On deposit, for previously registered users;
Draws and contests.
How to make a deposit in Bitcoin Cash cryptocurrency
Is it possible to link a Bitcoin Cash wallet to a bookmaker?
Yes, if you fund your account once with a Bitcoin cash wallet, you can only use it in the future. Regarding the change, it is better to contact the support service of a particular bookmaker.
How much fee do I need to pay for transfers to the bookmaker's account?
The exchange rate at bookmakers who accept Bitcoin cash may be different. It all depends on the particular company and the source of information on the current exchange rate. Check with support or read the rules.
Is it safe to use Bitcoin cash when depositing in a betting company?
It is safe if you do not give your Bitcoin cash wallet password to third parties. This is often used by clone sites.
In which betting companies can I bet in Bitcoin cash?
All bookmaker companies are listed in this list. The number of cryptocurrencies can vary from one to forty, it all depends on the particular company.